Cal-MaineCALM
Market Cap: 3.47B
About: Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.
Employees: 2,976
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
39% more call options, than puts
Call options by funds: $21.2M | Put options by funds: $15.2M
5% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 42
1% more funds holding
Funds holding: 309 [Q4 2023] → 311 (+2) [Q1 2024]
1% more capital invested
Capital invested by funds: $2.37B [Q4 2023] → $2.38B (+$13M) [Q1 2024]
1.79% less ownership
Funds ownership: 93.54% [Q4 2023] → 91.74% (-1.79%) [Q1 2024]
10% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 117
60% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2023] → 2 (-3) [Q1 2024]
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
Goldman Sachs Adam Samuelson | 27%downside $52 | Sell Maintained | 17 Jul 2024 |
Stephens & Co. Ben Bienvenu | 8%downside $65 | Equal-Weight Reiterated | 3 Apr 2024 |
Stephens & Co. Ben Bienvenu | 8%downside $65 | Equal-Weight Maintained | 22 Mar 2024 |
Goldman Sachs Adam Samuelson | 34%downside $47 | Sell Maintained | 12 Mar 2024 |
Financial journalist opinion
Based on 9 articles about CALM published over the past 30 days